Assuming an Upward-Sloping AS Curve,if an Economy Is at Full

question 76

Multiple Choice

Assuming an upward-sloping AS curve,if an economy is at full employment and investment spending decreases while all other levels of spending remaining constant,then the price level

• A)Increases and output decreases.
• B)Decreases and output decreases.
• C)Increases and output increases.
• D)Decreases and output increases.

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Definitions:

Ilium

The largest of the three bones making up the pelvis, contributing to the hip joint.

Acetabulum

Cup-shaped depression on the external surface of the coxa.

Articulates

Refers to two or more bones that connect in a joint, allowing for various degrees of movement or stability in the skeleton.

Femur

The thigh bone, which is the longest, largest, and strongest bone in the human body, connecting the hip to the knee.